NOT LISTED FOR SALE
4 Beds
4 Baths
2,128 Sq Ft
8,451 Sq Ft Lot

Last Sold July 30, 2015

Last sale price $840,000 $395 Per Sq Ft

12 Days on Market

Highlights

  • Secluded Lot
  • Forced Air Heating System
  • Carpet
  • Balcony
  • Fenced
  • Back Yard

About This Home

As of July 2015

This is an EXCELLENT investment OPPORTUNITY. This DUPLEX is located in the very sought after Pinehurst Neighborhood and only minutes from shopping centers and light rail. Both units have new laminate floors and vinyl in the kitchens and bath. New garage doors and drought resistant landscaping. This is a RARE income generating opportunity for an owner occupant or an investor. Enjoy!

Last Agent to Sell the Property

David Dumont

Pertria License #01944078 Listed on: 06/20/2015

Last Buyer's Agent

David Dumont

Pertria License #01944078 Listed on: 06/20/2015

Property Details

Home Type

  • Multi-Family

Year Built

  • 1972

Lot Details

  • 8,451 Sq Ft Lot
  • Fenced
  • Secluded Lot
  • Back Yard

Parking

  • 2 Car Garage
  • On-Street Parking

Home Design

  • Duplex
  • Flat Roof Shape
  • Mansard Roof Shape
  • Wood Frame Construction
  • Wood Shingle Roof

Interior Spaces

  • Low Flow Toliet
  • 2,128 Sq Ft Home
  • 1-Story Property
  • Crawl Space
  • Washer and Dryer Hookup

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Vinyl

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan
  • Separate Meters
  • 220 Volts
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $46,800

Community Details

Overview

Building Details

  • 1 Leased Unit
  • Gardener Expense $600
  • Insurance Expense $1,600
  • Maintenance Expense $1,000
  • Other Expense $600
  • Trash Expense $512
  • Operating Expense $7,238
  • Gross Income $44,460

Property Details

Home Type

Multi-Family

Year Built

1972

Lot Details

0

Parking

2

Listing Details

  • Zoning: R2
  • Subclass: Duplex
  • Age: 43
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2128
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1972

Interior Features

  • Kitchen: 220 Volt Outlet, Cooktop - Electric, Dishwasher, Exhaust Fan, Garbage Disposal, Oven - Electric
  • Living Sq Ft: 2128
  • Stories: 1
  • Laundry: Hookups Only
  • Flooring: Carpet, Laminate, Vinyl / Linoleum
  • Additional Rooms: Storage

Exterior Features

  • Foundation: Crawl Space
  • Roof: Flat / Low Pitch, Mansard, Wood Shakes / Shingles
  • Yard/Grounds: Back Yard, Balcony / Patio, Fenced
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 4
  • Garage Parking Features: Attached Garage, On Street, Parking Area

Utilities

  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: San Jose Unified
  • Elementary School: Terrell Elementary
  • Middle School: John Muir Middle
  • High School: Gunderson High
  • High School: 345
  • Elementary School: 377
  • Middle School: 341

Lot Info

  • Lot Description: Private / Secluded
  • Lot Acres: 0.1940
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8459.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8459.00

Green Features

  • Energy Features: Low Flow Toilet

Rental Info

  • Existing Lease Term(s): 1 Year Lease
  • Gross Rent Multiplier: 18.33
  • Number Of Leased: 1

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Expense Insurance: 1600
  • Expense Landscape: 600
  • Expense Maintenance: 1000
  • Expenses Other: 600
  • Expenses Total: 7238
  • Expense Trash: 512
  • Income Annual Gross: 44460.00
  • Income Annual Rental: 46800
  • Income Gross Scheduled: 46800
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Insurance, Maintenance, Maintenance - Repair, Services - Sewer, Services - Trash Removal, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Heating, Utilities - Hot Water
  • Vacancy Factor: 5

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2015 07/30/15 Sold $840,000 -2.1% $395 / Sq Ft
07/02/2015 07/02/15 Pending -- -- --
06/20/2015 06/20/15 For Sale $858,000 -- $403 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81471424

MLSListings